Dec 22, 2012 2:30pm PST
of housing to expend soma community stabilization fund dollars in the amount of $760,000. >> supervisor kim. >> thank you. i've introduced a resolution authorizing the mayor's office of housing to expend the soma community stabilization fund dollars in the amount of $760,000. this innovative fund, as many of you know, was approved as part of the rincon hill area plan that is intended to be used to address the issues of destabilization of residents and businesses in the south of market due to development in the rincon hill area. the fund that we are authorizing today is the third round of funding through the soma stabilization fund and is consistent with the latest strategic plan for the fund. as a south of market continues to grow and improve its new development and projects it is important that we continue to work on stabilizing current residents and businesses that have been a part of this neighborhood for decades. the stabilization fund gives us the opportunity to pilot tools and strategies outside of the mayor's office of housing's typical grant programs that are often restricted by gui
Dec 22, 2012 12:30pm PST
. >> what is the deal on western soma? >> western soma is moving forward. i believe that there is a good chance that different plans for the 11th street corridor will be adopted, what they are is not official yet so i would not want to speculate but i think that we have a good chance of having been heard. >> no more public or no more meetings? >> the meeting of the commission is thursday. >> the planning commission is this thursday. >> is thursday. >> and that is like the final planning commission meeting and that then goes to the board of supervisors. >> got it. >> okay. >> all right. >> all right. so, i can wish you all a happy holiday and i close this meeting of the entertainment commission. >> we are all done.